Investors obsessing over AI is latest symptom of the ‘Amazon disease’

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, February 8, 2023 Today’s newslett...

Retailers Need To Move Fast To Capitalize On Retail Media’s Meteoric Rise

Digital online marketing commerce sale concept. Woman using tablet payments online shopping and icon … [+] customer network connection on hologram virtual screen, m-banking and omni channel. get...

What Companies Are Fueling The Progress In Natural Language Processing? Moving This Branch Of AI Past Translators And Speech-To-Text

AFP via Getty Images Key takeaways Natural language processing (NLP) is a subset of artificial intelligence that uses linguistics and machine learning models to allow computers to process human langua...

Amazon dials back air cargo service as demand cools, contractor says

An Amazon-branded Boeing 767 freighter, nicknamed Amazon One, flies over Lake Washington during the Seattle Seafair Air Show on Aug. 5, 2016 in Seattle. Getty Images One of Amazon‘s key air carg...

Amazon Web Services Pumps Up its Web3 Presence with Strategic Hiring

Amazon has been working for a long to grow its presence in Web 3 The cloud service arm of the e-commerce giant is taking a bold step into the Web3 space by hiring staff to grow its client base in this...

The FTC is preparing a wide-ranging antitrust lawsuit against Amazon

The US Federal Trade Commission (FTC) is reportedly preparing an antitrust lawsuit against Amazon. The potential legal action, first reported in the Wall Street Journal, is expected to target a wide a...

$EVGO Stock Price Weekly Analysis and Its Partnership with Amazon

$EVGO stock closed at $6.70 on its last trading day with a decrease of 3%. EVgo also announced its partnership with Amazon to support an Alexa-enabled charging experience. EVgo Inc. (NASDAQ:EVGO) is a...

The Very Best Films Added In February To Netflix, Amazon Prime, Hulu And HBO Max

Topline These are the most highly rated movies coming to streaming services in February according to our combined Rotten Tomatoes and Metacritic scores, including Academy Award-winning films and anima...

What To Stream This Weekend On Netflix, HBO, Disney+, Amazon Prime And More

Everything new to stream this weekend. Credit: Disney / Marvel It’s the weekend and that means that at least some lucky folks get to take a break from the 9-to-5 grind and relax. It’s also the middle ...

Meta, Amazon, Tesla and Microsoft stocks

The most important stocks that make up the Nasdaq have come out with new data, and Meta, Amazon, Tesla, and Microsoft shares have adjusted. Meta, Amazon, Tesla, and Microsoft stock analysis. With earl...

‘Patience will be rewarded.’ Here’s why Wall Street is not panicked over Amazon’s earnings slump.

Amazon.com Inc.’s worst annual loss ever was triggering a gentle gallop toward the exits among investors on Friday, but Wall Street analysts were stoic, urging patience on the long-term value offered ...

Apple, Amazon, Alphabet, Ford, Nordstrom, and More Stock Market Movers

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Crypto trading played role in Amazon Web Services slowing growth in Q4

Amazon beat analyst expectations on Thursday when it announced its fourth-quarter results for 2022, reporting a 9% increase in revenue growth. The tech giant reported $149.2 billion in net sales...

Should you buy Amazon shares on the post-earnings weakness?

Amazon.com Inc (NASDAQ: AMZN) just reported its least profitable fourth quarter since 2014. Shares are trading down in extended hours. Amazon shares down on iffy outlook The stock is taking a hit also...

Amazon web services expands web3 team

Amazon Web Services (AWS) recently posted a job listing on LinkedIn for a ‘Senior GTM Specialist, web3.’ The role will be within the company’s web3 Go-To-Market (GTM) team, tasked with promoting the u...

The $40 Million Reason Amazon Is Making A Tomb Raider Streaming Series

Alicia Vikander at a Tomb Raider photocall in Madrid (Photo by Eduardo Parra/WireImage) WireImage The 2018 adventure movie Tomb Raider made an estimated profit of $39.6 million according to analysis o...

Dow Jones Futures: Apple, Google, Amazon Skid, Jobs Report Looms; Market Rally Due For Pullback?

Dow Jones futures tilted lower overnight, while S&P 500 futures fell and Nasdaq futures plunged, with Apple stock, Amazon.com (AMZN) and Google parent Alphabet (GOOGL) falling on earnings. Meanwhi...

Stocks moving in after-hours: Amazon, Alphabet, Apple

Amazon (AMZN) The online giant’s net sales $149.20 billion for the fourth quarter came in above analyst expectations of $145.8 billion. Its adjusted earnings of 3 cents per share came in below e...

Netflix’s Password Sharing Crackdown—And What Amazon Prime, Hulu, Others Are Doing—Explained

Topline With Netflix finally setting up a precedent for how it will deal with subscribers who share passwords, the question remains how other streaming services will follow in its steps. Close-up deta...

Amazon stock drops after revenue beat, EPS miss

Amazon’s (AMZN) Q4 2022 earnings report, released on Feb. 2, featured mixed results. The company clocked a revenue beat, but missed both EPS and Q1 guidance estimates. The e-commerce giant’...

Amazon just reported its least profitable Q4 in years

Amazon.com Inc just reported its least profitable fourth quarter since 2014. Shares are trading down in extended hours. The stock is taking a hit also on weak guidance. In its current financial quarte...

Amazon earnings: What to expect

Amazon.com Inc. is expected to deliver a profit for its holiday quarter, but not enough to offset its losses from earlier in 2022. Even with Amazon AMZN, +6.95% projected to report about $2 billion in...

Amazon posts a Web3 job, Kraken shuts down Abu Dhabi office, Bittrex announces layoffs – Cryptopolitan

In the past 12 hours, three stories have hit the crypto market, each impacting the market. The stories include Amazon posting a job for Web3, Kraken shutting down its Abu Dhabi office, and Bittrex ann...

Why Amazon China fell behind Alibaba, JD.com and Taobao

China’s e-commerce market was valued at $2 trillion in 2022, according to GlobalData, and the country also has a rapidly growing middle class, making it an attractive market for American compani...

Amazon’s Drones Are Grounded

The Amazon Prime Air MK27-2 drone on display in the Neighborhood of the Near Future exhibit during … [+] the Delivering the Future event at the Amazon Robotics Innovation Hub in Westborough, Mas...

Meta, Merck, Apple, Alphabet, Amazon, and More Stock Market Movers

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The Top-Rated Films—Netflix, Amazon Prime, Hulu And HBO Max—Streaming In February

Topline These are the most highly rated movies coming to streaming services in February according to our combined Rotten Tomatoes and Metacritic scores, including Academy Award-winning films and anima...

Google, Facebook e Amazon popular stocks

Stocks such as Facebook, Amazon and Google (Alphabet) are among those that have given the best performance with exorbitant gains in Nasdaq history. Performance often rhymes with fame, and in this rega...

Anderson .Paak Christens Amazon Music’s New Los Angeles Headquarters

(Photo by David Bloom) The AmazonAMZN Music lot party Tuesday night certainly lived up to its name. It was a lot of party. The crowd at the lot party stretched hundreds of feet back along the walkway ...

Amazon may have more robots than humans by 2030

Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Flo...

Amazon expected to post first unprofitable year since 2014 and worst loss since the dot-com bust

Amazon.com Inc. is expected to reveal this week its first unprofitable year since 2014 and the worst year for its bottom line since 2000 — and expectations for this year aren’t headed in a positive di...

Amazon Introduces RxPass To Offer $5 Prescription Medication Delivery Services

Getty Images Key takeaways AmazonAMZN AMZN is introducing a $5 prescription medication delivery service for Prime members Those on Medicare, Medicaid or other government-funded insurance are not eligi...